19 September 2022
The Australian Banking Association (ABA) acknowledges the remarkable contribution of Her Majesty, Queen Elizabeth the Second, a life dedicated to service and duty.
The Australian Government has announced a National Day of Mourning on Thursday 22 September 2022. Each State and Territory has declared the day a public holiday under their respective legislation.
Importantly, for banks with branches and other financial institutions, Thursday will be a ‘bank close day’ with branches closed.
As a result, there will be delays to some payments, as is the case with other public holidays.
Banks will still be contactable, albeit in a reduced capacity, and customers are encouraged to contact their individual bank for further information.
Latest news
In conjunction with the Australian Financial Complaints Authority (AFCA), the ABA is pleased to announce the appointment of former ASIC Commissioner Mr Sean Hughes as the next Chair of the Banking Code Compliance Committee (BCCC). Mr Hughes served as a Commissioner at ASIC from 2018 to 2023 and brings deep expertise in financial services… Read more »
The CSLR was intended to give basic protection to mum and dad-type investors. It should not be a collectively funded vehicle for removing investment risk from society.
Australian banks are rolling out disaster support to customers affected by the current bushfires in Victoria. ABA CEO Simon Birmingham said banks were continuing to monitor the evolving situation across Victoria and are on standby to assist impacted customers. “This is an extremely challenging time for many Victorian communities, households and businesses,” Mr Birmingham said. “There are now special arrangements in place for those who may need additional financial assistance from their bank in the coming days, weeks and months. “Banks have highly… Read more »